Zappos CEO Tedindia Talk 5-11-09

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    Delivering HappinessTony Hsieh [email protected]

    twitter.com/zappos

    TEDIndia

    November 5, 2009

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    Slide 2

    Clothing

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    Slide 3

    Customer Service

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    Slide 4

    Culture

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    Slide 5

    Delivering Happiness(customers and employees)

    People may not remember exactly what you

    did or what you said, but they will always

    remember how you made them feel.

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    Slide 6

    Building Great

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    Slide 7

    VISIONWhatever youre thinking, think bigger.

    Does the vision have meaning?

    Chase the vision, not the money

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    Slide 8

    VISION

    Dont chase the paper,

    chase the dream.

    Sean Combs aka Puff Daddy to rapper

    Biggie Smalls aka Notorious B.I.G.

    in Notorious

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    Slide 9

    ENTREPRENEURS:

    What would you bepassionate about doing

    for 10 years even if you

    never made a dime?

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    Slide 10

    EMPLOYEES:

    Whats the larger visionand greater purpose in

    their work beyond

    money or profits?

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    Slide 11

    CULTURECommittable Core Values

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    Slide 12

    Zappos Core Values

    1. Deliver WOW Through Service

    2. Embrace and Drive Change

    3. Create Fun and a Little Weirdness

    4. Be Adventurous, Creative, and Open-Minded

    5. Pursue Growth and Learning

    6. Build Open and Honest Relationships With Communication7. Build a Positive Team and Family Spirit

    8. Do More with Less

    9. Be Passionate and Determined

    10. Be Humble

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    Slide 13

    It doesnt matter what yourcore values are as long as

    you commit to them.

    ALIGNMENT

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    Slide 14

    MOTIVATION

    vs.

    INSPIRATION

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    Slide 15

    Vision & Culture

    CAN INSPIRE

    Passion & Purpose

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    Slide 16

    Evolution of Zappos Brand

    Transcends shoes & service

    1999 Selection

    2003 Customer Service

    2005 Culture and core values as our platform

    2007 Personal Emotional Connection

    2009 Delivering Happiness

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    TAKE A STEP BACK

    What is your goal in life?

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    Slide 18

    WHAT IS YOUR GOAL IN LIFE?

    Grow

    Company

    Get a Great

    Job

    Boyfriend /

    GirlfriendBe Healthy

    Retire Early Make MoneyFind Soul

    MateRun Faster

    Spend Time

    w/ FamilyBuy A Home Get Married

    Run A

    Marathon

    why? why? why? why?

    why? why? why? why?

    HAPPINESS

    why? why? why? why?

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    Slide 19

    RESEARCH HAS SHOWN:

    HAPPINESSPeople are very bad at predicting whatwill bring them sustained happiness.

    When I get ___, I will be happy.

    When I achieve ___, I will be happy.

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    Slide 20

    HAPPINESS:

    There is a SCIENCE behind many aspects of business including:

    conversion

    psychology of buying

    direct marketing

    customer acquisition metrics

    repeat customer behavior, etc.

    What if you spent just 10% of your time studying and learning the

    SCIENCE ofHAPPINESS?

    How much HAPPIER could you be?

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    Slide 21

    WHAT IS YOUR GOAL IN LIFE?

    Grow

    Company

    Get a Great

    Job

    Boyfriend /

    Girlfriend

    Be Healthy

    Retire Early Make MoneyFind Soul

    MateRun Faster

    Spend Time

    w/ FamilyBuy A Home Get Married

    Run A

    Marathon

    why? why? why? why?

    why? why? why? why?

    HAPPINESS

    why? why? why? why?

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    A Few Different Frameworksof

    HAPPINESS

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    Slide 23

    Perceived Control

    Perceived Progress

    Connectedness

    Vision / Meaning(Being part of something bigger than yourself)

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    Slide 24

    Maslows Hierarchy:

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    Slide 25

    Pleasure / Rock Star

    (Chasing the next high)

    Passion / Flow(Engagement time flies)

    Higher Purpose / Meaning(Being part of something bigger than yourself)

    3 TYPES OF HAPPINESS

    time

    time

    time

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    Slide 26

    GREAT BUSINESS

    Profits

    Passion

    Purpose

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    Slide 27

    Pleasure

    Passion

    Purpose

    HAPPINESS

    time

    time

    time

    GREAT BUSINESS

    Profits

    Passion

    Purpose

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    Slide 28

    Email [email protected] for:

    A copy of this presentation

    FREE culture book

    (need physical mailing address)

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    Slide 29

    What % of your time do you

    want to spend learning about

    the SCIENCE of HAPPINESS?

    How can the SCIENCE of HAPPINESS help

    your business, your brand, and yourself?

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    Slide 30

    If the research shows that

    vision / meaning / higher purpose

    leads to happiness

    What is your companys higher purpose?

    What is your higher purpose?

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    Delivering HAPPINESS

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    Delivering Happiness

    Tony Hsieh [email protected]

    twitter.com/zappos

    TEDIndia

    November 5, 2009

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